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Reply to "Any GT5-S owners in California?"

I know this trick is used a lot by the Ferrari crowd to not pay sales tax where they really live. It is all 100% legal, but not sure how ethical it is. Anyway, the deal is, you have a lawyer draw up a Montana LLC to own your car (you of course own the Montana LLC) -- then the lawyer gets it registered with plates in Montana. There is no tax liability and after an amount of time you can transfer the registration of that car into your state tax free. I believe there is an amount of time the car needs to be physically in Montana to be truly legal-- but the lawyer would be able to answer that question.

Not quite sure if this would work in So Cal? I thought that there are laws against out of state rides not matching the driver's license state -- but I have no idea as I don't live in So Cal. Anyway, thought others would at least like seeing how the 1% does it -- and I know this is legal as well; I have not done this, but I know those that have and it really does work. So if you're purchasing a $2 million car it probably makes sense to do this, but not a $50,000 car. Just wondering if this would work with what you want to do to drive the car in So Cal -- my guess would be this is not what you're looking for, but here is the link anyway:

Sales Tax Free Car Register MONTANA


Best of luck -- let us know what you come up for a work around to getting your car registered in CA. We want to know!

Mark
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